Overview
Learn how installing solar panels on your home in Taylorsville Mississippi can help you save money in the long run. By analyzing weather data and electricity costs specific to your area, we will show you the financial benefits of switching to solar energy. Discover how quickly you can break even on the cost of a solar system and start enjoying the savings on your energy bills.
Taylorsville Mississippi Weather Trends
Taylorsville Precipitation
With 51.84 inches of precipitation in the last year, Taylorsville Mississippi falls in the 52nd percentile nationwide and the 8th percentile within the state. While Mississippi’s average annual precipitation is 60.13 inches, the national average stands at 50.61 inches. Embracing solar energy in Taylorsville can maximize the potential to harness this valuable natural resource.
Taylorsville’s UV Rating
Taylorsville’s average UV rating of 5.46 places it in the 88th percentile nationally and the 69th percentile in Mississippi. Comparatively, the national average UV rating is 4.29, while Mississippi’s average is 5.31. Additionally, Taylorsville’s average max UV rating of 5.89 at the 75th percentile nationally and the 73rd percentile within the state provides ample sunlight for solar panel efficiency.
Taylorsville’s Cloud Cover
With an average of 41% cloud cover, Taylorsville ranks in the 31st percentile nationally and the 41st percentile within Mississippi. Although the national average for cloud cover is 44.46%, and Mississippi’s average is 41.29%, Taylorsville still enjoys a significant number of clear days conducive to solar energy production.
Taylorsville Mississippi Electricity Costs
At a rate of $0.12/kw for electricity, Taylorsville residents find themselves in the 46th percentile nationwide and the 61st percentile within Mississippi. While the national average is slightly higher at $0.13/kw, Mississippi’s average rate comes in lower at $0.11/kw. By transitioning to solar power, Taylorsville residents can reduce their reliance on traditional grid electricity and save on their energy costs in the long run.
When could you expect to break even on a solar installation in Taylorsville Mississippi?
Considering the weather and electricity costs in Taylorsville Mississippi, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Taylorsville Mississippi receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Taylorsville Mississippi are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Taylorsville Mississippi is slightly lower than the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Taylorsville Mississippi pay slightly less for electricity compared to the national average.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- The solar system generates electricity, reducing the amount needed from the grid.
- Given Taylorsville Mississippi’s lower electricity costs, the savings will add up over time.
After analyzing the data, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will begin to offset the initial investment. Additionally, since solar panels have a long lifespan, the savings will continue for many more years. Investing in solar energy is not only a smart financial decision but also a way to contribute to a more sustainable future.
Investing in solar power in Taylorsville Mississippi
Switching to solar energy in Taylorsville, Mississippi can be a wise financial decision for homeowners. By taking advantage of the ample sunlight and slightly lower electricity costs in the area, investing in a solar system can result in significant savings over time. With an estimated payback period of around 5 years, the long lifespan of solar panels ensures continued savings for many more years to come. Embracing solar energy is not only beneficial for your wallet but also for the environment, making it a sustainable choice for the future.